EXCLUSIVE: LOOTING OCTOPUS: HOW DG OF NATIONAL LOTTERY COMMISSION GBAJABIAMILA SMILED AWAY WITH N97 MILLION AS KICKBACKS ON OPERATIONAL VEHICLES

It is no longer news that the looting episodes playing out in most if not all sectors of the economy has transcended into a cancerous ailment that seems difficult to fully eradicate and like a venom has shown its ugly head in the National Lottery Regulatory Commission (NLRC) whose primary mission is to sanitize and regulate lottery activities by businesses and organizations across Nigeria as reported by SecretReporters for weeks.

The gap between the commission’s
original mandate and its actualization has come to a worrisome state as alleged
information reveals that the commission is neck deep in financial
misappropriation and executive recklessness, which has in no small way
contributed to the chaotic nature of the nation’s economy.

Documents in possession of SecretReporters reveals that the
Director General (DG) of the National Lottery Regulatory Commission (NLRC)
Lanre Gbajabiamila, is clearly a square peg in a round hole as his dubious and
fraudulent activities can no longer be swept under the carpet. This is
evidently seen in his alleged purchase of the commission’s operational vehicles
without recourse to appropriation.

This online news medium exclusively
gathered that a sum of N60million was spent on the procurement of two (2) units
of posh Toyota Corolla cars way above the market value of N15million each.

Also about N60 million was also uncovered
to have been spent in procuring two (2) units of Toyota Camry 2017 cars,
against its market value of N17 million for each. However, we learnt that the
Toyota Camry cars supplied was that of the 2016 model as against the 2017 model
paid for by the commission.

Furthermore the DG in expanding his
looting tentacles also continued in his dubious procurements as another tranche
of N150 million was subsequently spent in the purchase of three (3) manual
transmission 30-seater Toyota Coaster buses from Lanre Shittu Motors Nig Ltd;
against its market value of N35million for each bus thereby allegedly smiling
to the bank with more than N97miiilion pilfered from the purchases made.

Our sources within the commission
alleged that this fraudulent gimmick by Mr Lanre is a norm in the commission
which he now runs as a personal business while calling on the relevant
anti-corruption agencies to swing into action by checkmating this form of
executive recklessness and financial malpractices carried out by the looting octopus.

As usual, he refused to speak to us on
phone.

To be continued…

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